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2there are likely 10,000s of gamed miners operating right now not on the denylist
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There is a need to further constrain the HIP voting process such that influence in vote cannot be "bought" by simply holding large ballances in wallets. Is a hypothetical unless you have evidence of this actually happening.There is a need to further constrain the HIP voting process such that influence in vote cannot be "bought" by simply holding large ballances in wallets. Is a hypothetical unless you have evidence of this actually happening. There is a need to further constrain the HIP voting process such that influence in vote cannot be "bought" by simply holding large ballances in wallets. Is a hypothetical unless you have evidence of this actually happening.
(edited)votes for the rewards from being a validator
you gotta stop lumping rewards in as a separate thing - it's just part of the HNT bucketvotes for the rewards from being a validator
you gotta stop lumping rewards in as a separate thing - it's just part of the HNT bucket votes for the rewards from being a validator
you gotta stop lumping rewards in as a separate thing - it's just part of the HNT bucket
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.md on first pass.
No "changes" necessarily were made just further elaboration on several notes, e.g. the fact that this is not just addressing hotspots but validators, routers as well.
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1Hotspots vote and count as a certain percentage, same for Val’s, routers, Hnt holders
interesting point... Hotspots vote and count as a certain percentage, same for Val’s, routers, Hnt holders
interesting point...
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1Ok_Scholar_9761 on Reddit has a really familiar writing style. can't quite place it thoughOk_Scholar_9761 on Reddit has a really familiar writing style. can't quite place it though Ok_Scholar_9761 on Reddit has a really familiar writing style. can't quite place it though Ok_Scholar_9761 on Reddit has a really familiar writing style. can't quite place it though
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1a political approach that strives to appeal to ordinary people who feel that their concerns are disregarded by established elite groups.
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3We do need to balance the voting groups but hotspot count doesn’t do that
let's get off this point, as it's been stated plenty of times now that this isn't what's happening.Being well-installed versus poorly-installed earns a greater amount of HNT; and an increase in voting power as a result as well (under this model).
what about two equally-performing hotspots where one was installed 1 year ago and one 6 months ago? In theory the "older" one still has more weight because it's got first mover advantage (more time to rack up HNT). But they otherwise provide the same "quality" of coverage in the present.
Personally feel like time in the market shouldn't really impact the weight of your vote, necessarily. It should be equal across time.
If one entity votes for the idea of "2 + 2 = 5" it doesn't make it a better / more sound idea than a "younger" entity voting for "2 + 2 = 4" simply because it's been around arbitrarily longer. (edited)
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#hip-60-entity-weighted-vote has been locked!